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Technical

Volume Heat Hours

Volume heat hours: each clock hour tinted by its volume against the average of the same hour over recent days, to spot unusually busy or quiet hours.

Volume Heat Hours on BTCUSDT 1h (Binance), with only this indicator on.
Volume Heat Hours on BTCUSDT 1h (Binance), with only this indicator on.

How to read it

  • Warm tints: busier than usual for that hour.
  • Cool tints: quieter than usual.
  • Unusual activity at a normally quiet hour often comes with news or a breakout.

Key settings

  • 30 days averaged.
  • Background opacity; hour strip on.

Good to know

  • Drawn on the price pane, over the candles.
  • For bars of one hour or less.